State's labor force participation rate ticks down
Despite seeing typical holiday bumps in local employment, Alabama's labor force participation rate ticked down slightly in November. Alabama's seas...
Despite seeing typical holiday bumps in local employment, Alabama's labor force participation rate ticked down slightly in November. Alabama's seasonally adjusted unemployment rate remained flat at 2.7% in November. It was 3.1% in November 2021. The U.S. unemployment rate was also flat month-to-month at 3.7%. On a seasonally adjusted basis, last month the labor force participation rate was 57.1% in Alabama, 0.1% lower than in October. The national rate was 62.1%, which was also down slightly from a month prior.